Alberta experiences huge spike in housing starts in 2024 [Video]

New numbers from the Canada Mortgage and Housing Corporation show Calgary, Edmonton, Lethbridge and Red Deer were amongst the leading cities in Canada (with  populations over 10,000) last year for the number of new housing starts.

In Lethbridge, the number of new housing starts — including single detached, condos, townhomes and other forms of housing — jumped by 194 per cent in 2024, compared to 2023.

The actual numbers show there were 715 new housing units built in Lethbridge in 2024, compared to 243 a year earlier.

In Red Deer, housing starts jumped from 189 in 2023 to 354 in 2024 — that’s an increase of 87 per cent.

In Edmonton, housing starts jumped by 39 per cent with 18, 384 new housing units being built in 2024 compared to 13,184 in 2023.

In Calgary, housing starts were up by 24 per cent, from 19,579 in 2023 to 24,369 in 2024.

Provincially, housing starts in Alberta increased by 32 …